Forum Archive Index - February 2000
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[sharechat] smoke pouring out of the thinking cap working the sums
Hi Terry,
If the investor bought the shares at $1 and a while later they were worth
only 85c then according to my maths that is only a 15% loss.
$150,000 x15% is only a $22,500 (paper loss)........and I do use "only" in
the sense of the word, as I still consider it a reasonable sum.
Just a thought!
Ritchie
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